306 Cherry St
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 16, 2019 | Sold | ||
| Sold | |||
| May 31, 2019 | Listed by RE/MAX Classic | $439,900 | |
| Listed by RE/MAX Classic | |||
| Sep 18, 2015 | Sold | ||
| Sold | |||
| Apr 9, 2012 | Sold | ||
| Sold | |||
| Aug 8, 2011 | Listed by Conway - Dartmouth | $329,900 | |
| Listed by Conway - Dartmouth | |||
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SINGLE LEVEL RANCH offers Contemporary flair floor plan. Kitchen has granite countertops and stainless appliances, living room with Bay window & gas fireplace, Master Bedroom has full jacuzzi bath, separate shower, & walk-in closet. Central air, irrigation, 24x30 2-car garage with HANDICAP ramp with separate entrance. Hot Tub on private deck is included. Beautiful & private 4+ acres in country location. Convenient to Route 495!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017